Hi Bruce..

Im looking to plot a conditiion on my chart to show a cumulative total and not sure how to do it..I can do the individual conditions, but know it takes some sort of ABS values and not sure how to get these in there.

THe conditions are

if  Open - Close yesterday <1% of Close Yesterday=TRUE

then add cumulative total  Open today -Close Yesterday  ( cumulative total)

So essentially, Im looking for a smal body bar, and then want to see how much it gaps up the next day on a cumulative basis.

Thanks.

I think what you're looking for can be done with a Custom PCF Cumulative indicator with the following settings:

If you're looking for something different please provide more details.

Attachments:
CustomCumulativePCF.jpg - 66 KB, downloaded 339 time(s).

Thanks... Where do I access the custom indicator from.. cant find it in the library..

It's called a Custom PCF Cumulative Indicator. If you press the / key and type "custom" that will filter the list.

Thanks Bruce. THe formula looks right but I dont think its working for what I want.

The plot that I get is straight up, looking like EVERY occurance of a small body bar has been followed by a gap up on ALL stocks which I know cant be right

I need it to calculate in the values for the days the stocks gap down, or dont gap at all, as well as gap up on the days following the small body bar.

Try the following settings.

- Up Condition: ABS(O1 - C1) < .01 * C1
- Down Condition: C < C - 1
- Value to Add/Subtract: O - C1

So the days that a stock gaps down should show up as downticks in the plot..

Yes, it should.